What are the responsibilities and job description for the Trust Officer position at Washington Trust?
Washington Trust is the oldest community bank in the nation and one of the premier financial institutions in New England. We are experiencing record growth in our Wealth Management division and have an opportunity for an experienced, highly motivated, and personable professional to fill the role of Trust Officer.
As a Trust Officer, you will join a team of dedicated professionals providing superior customer service to a variety of clients, including complex trusts, estate settlement, legacy trusts, retirement accounts and investment-based relationships.
The successful candidate has extensive knowledge of all aspects of the account requirements necessary to properly administer fiduciary and non-fiduciary accounts based on regulations, tax laws, policy and internal procedures. The candidate must have experience administering accounts where the Bank acts in the capacity of trustee of a trust agreement and as an executor of an estate. The ideal candidate will also have experience or knowledge of acting as a personal representative of an estate.
This is a hybrid position and may be based in either our Providence, RI or our Westerly, RI office.
Requirements/Qualifications:
This position requires as a minimum a Bachelor’s Degree and 3 years of fiduciary trust experience with increasingly complex relationships. Additional qualifications for this position are:
A thorough knowledge of probate and tax law as it pertains to the administration of trust and estate accounts as well as a comprehensive understanding of fiduciary and personal income tax laws.
Demonstrated competence relative to the technical application of trust & estate administration skills and fiduciary knowledge.
Strong communication skills to be successful in client contact, as well as contact with corollary professionals, such as attorneys and accountants.
The ability to adapt to change, stay current with legal and regulatory requirements, and adopt best practices is essential.
Proficiency in the use of Microsoft Office software applications, including excel, as well as standard trust accounting systems.
CTFA, CFP, or JD certifications are desirable
Compensation: A good‑faith, reasonable estimate of the base salary range for this role is $78,000 - $125,000 and the actual offer will depend on factors such as experience, skills, training, certifications, and education. This base salary reflects one component of our competitive compensation package. This position may be eligible for an annual bonus and includes a comprehensive benefits package.
Our employees enjoy a comprehensive benefits package, which includes health and welfare benefits, paid time-off, work-life program, and a 401(k) plan. We believe employees who are valued, recognized, rewarded and empowered, will achieve personal and professional growth. Apply today and find out why we have been voted one of the Best Places to Work in Rhode Island since 2011!
The Washington Trust Company, and each of its subsidiaries and affiliates are committed to providing equal employment opportunities to all employees and applicants as protected by state and/or federal law.
Salary : $78 - $125